- "I know that consultants are not "employed" by corporate, but I find it hard to believe that MKC does not know what is going on with all the frontloading and buying dictatorship. And if they DO know and choose not to do anything . . . I just can't get excited about that kind of company."
I will give my view of this and then I encourage you all to voice your opinions.
- First, MKC may or may not know what some (not all) Directors are doing in this regard. If they don't know for sure, how can they do anything without proof?
- Second, there is "legal" and there is "moral". If a Director is doing things legally and not breaking any laws, then I really don't see what MKC can do about it.
Let me give 2 examples:
Let's say I am a Director and I go over your inventory options with you. At no point do I tell you that a certain level is "required" - but I strongly suggest that you open with a "full store". However, the final choice is yours (which it is). What can MKC do about this if the new consultant regrets her initial inventory choice (other than offering the 90% buyback)? Ultimately, it is HER choice, right? Personal responsibility comes into play here.
Let's say a Director is "buying" her Directorship. Unless she is doing something illegal (such as activating a rep without her knowledge), I still don't see what can be done.
And, no, I don't think that all consultants should be punished/micromanaged because of some bad apples.
Okay, ladies (and gents) - let's hear what you think!